We are supervised by
We are reglamented by
Liepų st. 21, Didžiųjų Kabiškių vil., Nemenčinės mun., Vilniaus d., Lithuania
Amount of funding
110 000 €
LTV
55%
Annual interest rate
14.00% - 15.00%
Total expected project return
14.00% - 15.00%
Loan period
12 mo.
Risk
C (higher)
Purpose of the loan
Development loan
Collateral
Real estate pledge
Country
Lithuania
Lithuania
Investors
67
Raised:
110 000 € Goal:
110 000 €
110 000 € Goal:
110 000 €
100.00%
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | Nuostatai MB Gaustėja LT.pdf |
|
|
| 2 | Turto vertinimo ataskaita.pdf |
|
|
| 3 | Žemės sklypo planas.pdf |
|
|
| 4 | Kadastrinių matavimų byla.pdf |
|
|
| 5 | PIID (MB Gaustėja LT).pdf |
|
About the loan
Purpose of the loan
Real estate development
Amount of funding
110 000 €
LTV
55 %
Risk
C (higher)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
12 mo.
Minimum loan period
4 mo.
Collateral
Real estate pledge
Guarantees / surety
Mortgage rank
First order mortgage
Amount allocated by project owner
70 000.00 €
Purpose of the loan
The amount of EUR 110 000 is required for the financing, which is raised in one stage. The loan proceeds will be used for the acquisition of real estate located at Liepų st. 21, Didžiųjų Kabiškių vil., Nemenčinės mun., Vilniaus d., Lithuania. The loan will be repaid by refinancing with another financial institution or from the proceeds of the company's rent and the sale of the real estate. The amount to be contributed by the project owner himself is EUR 70 000.
About the project
Land plot of land in the village of Didžiųjų Kabiškių, unique No 4400-1142-1880, cadastral No 4120/0100:321, with a total area of 0,1700 ha. Purpose - other (territories of one- and two-family residential buildings), type of use - residential territories, type of use - construction of low-rise residential buildings. The plot is shaped by preliminary measurements, irregular in shape, with a flat topography, fenced and landscaped with a concrete-paved parking area, a lawn, and individual trees. The plot consists of a dwelling house, a garage, two outbuildings and the foundations of a basement in the yard. There is a 0,4 kV underground electricity line.
Dwelling house (plan designation 1A1p) - built in 1978, one storey with a shelter, total area 133,45 sq.m., volume 475 cubic metres. The building is undergoing renovation - insulation of the walls and roof, replacement of plastic windows with double glazing, installation of metal insulated doors, installation of an air-to-water heat pump, typical for energy efficiency class B. The building is of brick construction, with a pitched roof, and the internal layout has been adjusted (several rooms have been combined and more spacious sanitary facilities have been added). According to the technical account file, the house consists of 19 rooms: 4 in the basement, 10 on the ground floor and 5 in the attic.
Two terraces with awnings (one glazed) are provided. The finishing work is largely complete both inside and outside, but some of the structures and finishes are incomplete: the roof is missing soffits, the exterior plastic cladding is incomplete, some of the windows have not yet been replaced. Inside, the walls, ceilings and floors are partially finished (laminate, tiles, painted walls, wallpaper, some rooms without finishes). There are two sanitary facilities, one on the ground floor, fully fitted, the other in the attic, partially completed. The renovation works carried out are considered by the assessors to increase the market attractiveness of the mortgaged house. No new cadastral surveys have been carried out.
Other buildings:
- Garage (16,00 sq.m., brickwork, plan designation 2G1p, subdivided with outbuilding);
- outbuilding 3I1m (5,00 sq.m.);
- outbuilding 5I1p (167,00 sq.m. m);
- Foundation of a cellar (37,00 sq.m);
- All ancillary buildings are registered with 100% completion, average condition.
The property is a landscaped plot of 0.1700 ha with a single-family dwelling house, annexes and infrastructure. Part of the renovation works (insulation, windows, doors, heating system, finishing) have been completed, which significantly improves the condition of the property and increases its market attractiveness, although the finishing is not yet fully completed.
More information about the project (see Documents).
Investment from 50.00 €.
Interest
Annual interest rate
- Investing from 50.00 € - fixed interest 14 %
- Investing from 1 000.00 € - fixed interest 14.25 %
- Investing from 3 000.00 € - fixed interest 14.5 %
- Investing from 5 000.00 € - fixed interest 14.75 %
- Investing from 7 000.00 € - fixed interest 15 %
The Interest on the Loan Amount shall be calculated from and including the date of disbursement of the Loan Amount to the Debtor's Account or to such other account (or accounts) as notified by the Debtor to the Operator in writing prior to the disbursement of the Loan Amount.
Loan term and repayment
Loan period
12 mo.
Minimum loan period
4 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2025-09-26
Estimated loan repayment date:*
2026-09-25
If the Debtor repays the Loan earlier than after the specified minimum loan period, it undertakes to pay interest to the Lender for the entire specified minimum period.
* The loan is planned to be repaid by the end of the project term from the expected growing income of the company, increasing profits, sale of assets or refinancing of the loan.
Procedure for disputes between parties to a financing transaction
The investor has the right to withdraw their investment within 96 hours from the submission of the money lending proposal on the platform
Latest loans
With Nordstreet everyone can become an investor! Register now and start investing!
Need a Business Development Loan?
Grow your business faster! Getting a business loan secured through mortgage is much easier and faster with Nordstreet.
Why apply to Nordstreet for a business loan?
- Advertising and comfortable returns
- Speed and your choice when to return the loan
- Competence and simplicity
Success
Warning
- Invest from 50.00 €
- Average return 12.78%
- Exclusive investment offers
- Property backedloans
